SEC Form 4 · accession 0001190725-15-000048
NETFLIX INC · NFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Hastings
Officer — CEO · Director
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 25, 2015 | M | 43,050 | $10.83 | A | 43,050 | D | |
| Common StockF1,F2 | Mar 25, 2015 | S | 6,041 | $432.06 | D | 37,009 | D | |
| Common StockF1,F3 | Mar 25, 2015 | S | 8,559 | $432.86 | D | 28,450 | D | |
| Common StockF1,F4 | Mar 25, 2015 | S | 12,503 | $434.00 | D | 15,947 | D | |
| Common StockF1,F5 | Mar 25, 2015 | S | 9,097 | $434.86 | D | 6,850 | D | |
| Common StockF1,F6 | Mar 25, 2015 | S | 5,096 | $435.92 | D | 1,754 | D | |
| Common StockF1,F7 | Mar 25, 2015 | S | 804 | $437.71 | D | 950 | D | |
| Common StockF1,F8 | Mar 25, 2015 | S | 950 | $438.78 | D | 0 | D | |
| Common StockF9 | holding | — | — | — | 931,660 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $10.83 | Mar 25, 2015 | M | 43,050 | D | Apr 1, 2005 | Apr 1, 2015 | Common Stock | 43,050 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c).
- F2This transaction was executed in multiple trades at prices ranging from $431.45 to $432.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $432.49 to $433.37. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $433.50 to $434.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This transaction was executed in multiple trades at prices ranging from $434.50 to $435.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6This transaction was executed in multiple trades at prices ranging from $435.51 to $436.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7This transaction was executed in multiple trades at prices ranging from $437.44 to $438.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8This transaction was executed in multiple trades at prices ranging from $438.52 to $438.79. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F9As Trustee of the Hastings-Quillin Family Trust